If you want to keep your extra cash safe and withdraw it immediately when needed, then Money Market Funds (MMF) can be a strong option. These are short-term fixed income funds that invest in high-quality instruments such as Commercial Papers, Certificates of Deposit and Treasury Bills with maturities of 3–12 months. The main focus of MMFs is on capital safety, liquidity and stable returns, and not on high profits. According to experts, funds with maturity of 6–9 months can give around 7%+ annual returns. However, they are not completely risk-free, so it is important to understand the investment horizon and maturity profile.
Khanderao Deshmukh aims to guide job seekers by delivering accurate, timely, and easy-to-understand information, helping them secure stable government careers.
